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2025 Mortgage-Free Wannabes
Comments
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Another £7400 into the savings account yesterday. I’m extremely grateful to mum & dad (spending their money to avoid IHT 🤣).
July total is now £7981.10
Edit: forgot to add my number #413 -
Afternoon all, #31
Final July overpayment of £340.
Total for July £3,200
YTD £23,900.
Many thanks @julicornCurrent Balance £22,000
MFW 2026 #31 £1000 / £17,000 OP
MFIT - T7
0%CC May 2027- £5,000
0% Loan £600.00 - paid ✅️
Money made £20 / £365
Declutter 0 /52
Grocery Challenge 2025 £4885.78
Grocery Challenge 2026
The final countdown to June 2026 - Page 4 — MoneySavingExpert Forum2 -
I'm FTB, not an expert, all my comments are from personal experience and not a professional advice.Mortgage debt start date = 11/2024 = 175k (5.19% interest rate, 20 year term)
- Q4/2024 = 139.3k (5.19% -> 4.94%)
- Q1/2025 = 125.3k (4.94% -> 4.69%)
- Q2/2025 = 108.9K(4.69% -> 4.44%)
- Q3/2025 = 92.2k (4.44% -> 4.19%)
- Q4/2025 = 44k (4.19% -> 3.94%)
- Q1/2026 = 41k (3.94%)
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#68 £50 OP for July please
MFW May 2026
£92.80 left to pay from 10%
overpayment allowance, (May 26).
End fix on 2.79% July 27 // MFW AIM May 2026
Mortgage free Aim July 2026!
July 25 £57,000, £56950
August 25 £56,400
September £55,850/£55,800
October £55,195
November £54,600, £54,562.
December £54,000
January 2026 £53,4502 -
Hi,
No. 12 with an overpayment of £1987.82 for July.
Thanks 🙂Starting Mortgage Balance (June 2019) £72,000. Mortgage Free November 2025!2 -
Hi,
#34 with 125 for July (YTD 1500).
Only 25% towards my annual target, but that is still more than if I had not joined this year.
2026 MFW OPs: 0/6000
EF: 6500/10000
Penny challenge: 22.99/668
Holiday fund: 4/30005 -
#5 £220 total for July 2025, another feeling the sting of school holidays.Thank you Julicorn1
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Hi all, thanks again for all your updates - big or small! I know holidays can make overpayments trickier, just remember that every little helps
We're not far away from half a million, the current total stands at £484,691.56.
7 -
Hi @julicorn thanks for continuing to record the challenge for us all, it's amazing to see we're nearly half a million in - that's incredible! No 39 here, please could you add £616 for august for me, bringing the total to £3905 for this year I think.Debt = £8017/£8017 (100% paid - cleared 26th August 2020) Boiler Fund = £2500/£2500 (100% saved - 26th August 2021)Emergency fund = £5000/£5000 (100% saved - 5th Jan 2025) | MFW Goal 2025: £6429/£3000 | Mortgage = £88,519/£132,469 (33% paid)Goal for 2026:1) MFW £472/£36002
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